SG Daily Update - DBS sagat….

[twinbaby]

700k this is really a lot of money this is what I will earn in half of my working lifetime.

 

[Handyman8888]

When such chow boomer parents kenna Hyfxxk or was it Hyflux, they diam diam.
But when they kenna fxxk by any other 'investment' scheme, they shout...I WAS SCAMMED!

 

[thretiredDad]

the job of rm is to have a relationship only listen to them for investments is lol

Every relationship manager will have a specialist to advise or intro investment to their clients.

Ts should blame the specialist not the relationship manager

 

[wongminmin]

the video gone, anyone can re-share?

 

[ZaiNan]

$700K is a lot to me too! Even if I do Draw down method and not put the money into investments, FD to earn interest, I can withdraw about $3K per month for 20 years b4 I deplete the capital sum of $700K!

Somemore it is the parent's money, should be their 退休金。

I can understand the frustration of this Unker making the Beedio.

The problem is they are due to sign some diligence agreement acknowledging there are some risk for such structure products and these RM are just sales person wanting to meet their quota, you think they really care about old folks retirement nest? Wont lose money one is such a typical sales speech, by signing off all those documents you are obliged to fulfill even if it's losing money

Now the whole thing went south and you just stalk one RM who is probably just going through motion

Making statements that the bank and police are into it together wont get you far man

 

[thretiredDad]

To lose 700 k in a product, did he invest 1 Million into it?

Should have place 200 K each for lesser risk.

Structured note is a high risk product with certain risk and rewards.

Likely is the SP got exercised, and TS refused to cut and carry holding on the shares?

 

[Dividends Warrior]

DBS hit new high today! Above $56! Huat ah!

 

[harbinger255]

the video gone, anyone can re-share?

Video poster must really be from EDMW....

Edit: seems like he is planning to escalate it... maybe just taken down by FB upon request....

 

[Elfblade]

The problem is they are due to sign some diligence agreement acknowledging there are some risk for such structure products and these RM are just sales person wanting to meet their quota, you think they really care about old folks retirement nest? Wont lose money one is such a typical sales speech, by signing off all those documents you are obliged to fulfill even if it's losing money

Now the whole thing went south and you just stalk one RM who is probably just going through motion

Making statements that the bank and police are into it together wont get you far man

Yeah, but these RMs are the scapegoats of a bigger mastermind so they boh bian have to face the wrath of angry Customers.

 

[mynickname]

This one got whole series in tik tok.

https://vt.tiktok.com/ZSPnboDhN/

Is about overcharged

Sounds more like they bought something with a lock up period.

 

[mynickname]

Video poster must really be from EDMW....

Edit: seems like he is planning to escalate it... maybe just taken down by FB upon request....

Half sure he's @MaxChong

 

[rider83]

The tiktoker should have told the police to stay out of the camera if they dont want to be recorded. Because he is at the bank for legitmate affairs, the police can only politely ask him to leave voluntarily.

 

[Roundtreex]

the video gone, anyone can re-share?

You think they can win the biggest bank in Singapore lol

 

[tian_yibang]

So whats the latest now , he's been fixed by bank or its lawyer sibo ?

 

[thretiredDad]

No head no tail